How to Lose Money in the Markets: The Game Show Edition (SB1577)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 20 September 2024
⏱️ 54 minutes
🧾️ Download transcript
Summary
Game Show Fun and Financial Missteps with the Stacking Benjamin Show
On today's popular game show segment we present: '15 Ways to Lose Money in the Financial Markets,' where contributors Jesse Cramer, Paula Pant, and OG explore investment pitfalls. The show presents financial advice in a light-hearted, engaging format, complete with a trivia question celebrating author George RR Martin’s birthday. Contributors discuss speculative trading, panic selling, margin investing, and more, ending with practical takeaways on avoiding investment mistakes. The episode is rounded off by discussions on meme stocks, game shows, pop culture, and practical financial planning tips, all with the usual fun and wit of the Stacking Benjamin team.
- Introduction and Opening Remarks
- Meet the Contributors
- Game Show Begins: 15 Ways to Lose Money in the Markets
- Round One: Poor Investment Decisions
- Round Two: Strategies to Avoid
- Trivia Break: Game of Thrones Special
- Guessing the Number of Deaths in Game of Thrones
- Counting On-Screen Deaths: The Research
- Wildfire Explosion and Mass Casualties
- Final Guesses and Results
- Discussing Game of Thrones Infographics
- Meme Stocks and Financial Decisions
- Ways to Lose Money in the Market
- Podcast Updates and Weekend Plans
- Closing Remarks and Lessons Learned
FULL SHOW NOTES: https://stackingbenjamins.com/how-to-lose-money-in-financial-markets-1577
Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201
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Transcript
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| 0:00.0 | Where's the kaboom? There was supposed to be an earth-shattering kaboom. Live from the basement of the YouTube headquarters, it's the Stacking Benjamin Show. I'm Joe's mom's neighbor, Doug, and it's that time. |
| 0:28.1 | We're running a year-long competition between our frequent contributors, and today we're playing for not one, but two points by presenting one of our famous game shows. |
| 0:39.3 | What are the best ways you can lose money in the financial markets? |
| 0:43.8 | We'll quiz our contributors, who include a guy who's the voice of the show we lovingly and |
| 0:49.9 | incorrectly call the Better Interest podcast, Jesse Kramer. |
| 0:55.6 | And the woman who we correctly say is the host of the Afford Anything show, Paula Pant. |
| 1:02.5 | And the guy who's the diva rocking the microphone in mom's basement here in DXK, it's OG. |
| 1:11.3 | And now a guy who could pass for Wink Martindale. |
| 1:15.1 | It's Joe Sosia. |
| 1:20.3 | Doug, how old you got to be to know who Markendale is? |
| 1:23.9 | Yeah, I don't know. |
| 1:24.4 | That dude's legendary. |
| 1:25.7 | I mean, he's on the Mount Rushmore of Game Show House. I think people know him. Him and Chuck Woolery. Yeah, I don't know. That dude's legendary. I mean, he's on the Mount Rushmore of Game Show House. |
| 1:28.5 | I think people know him. Him and Chuck Woolery. This is a quiz question. This is how you know. Paula Pan, do you know who Wink Martindale is? I have no idea. Yep. There it is right there. We just figured out that that's too old. Hey everybody, welcome to 80s game show host references for the win podcast. |
| 1:48.0 | I'm Joe Saul-C-Hi. |
| 1:48.9 | And it is game show day, which means sit back and relax. |
| 1:51.5 | We're going to have some fun. |
| 1:52.7 | What I love about our game shows is that we take a piece that we found in the popular press |
| 1:59.6 | that is a list. |
| 2:01.6 | And sometimes there are lists that are just absolute garbage, sometimes they're fun. |
| 2:05.6 | But what is always fun is that the things that our contributors come up with about the list, |
| 2:10.6 | I think it's often way better than what's on the list in the first place. |
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